GRAND CANYON ED INC

Ticker: LOPE CUSIP: 38526M106 Class: COM

THORNBURG INVESTMENT MANAGEMENT INC's Holding History (CIK: 0001145020)

Note: Option positions (PUT/CALL) are excluded.

Q3 2017

Shares 255,964 Value ($000) $23,247 Avg Close $80.14 Range $71.01 - $91.12

Q2 2017

Shares 534,022 Value ($000) $41,873 Avg Close $76.53 Range $68.77 - $83.00

Q1 2017

Shares 866,372 Value ($000) $62,041 Avg Close $62.10 Range $56.52 - $72.16

Q4 2016

Shares 864,334 Value ($000) $50,520 Avg Close $51.14 Range $39.68 - $61.80

Q3 2016

Shares 917,561 Value ($000) $37,060 Avg Close $41.57 Range $38.81 - $44.98

Q2 2016

Shares 935,537 Value ($000) $37,347 Avg Close $42.19 Range $37.94 - $45.02

Q1 2016

Shares 1,010,916 Value ($000) $43,207 Avg Close $38.54 Range $31.12 - $43.37

Q4 2015

Shares 890,852 Value ($000) $35,741 Avg Close $39.37 Range $36.18 - $42.81

Q3 2015

Shares 894,442 Value ($000) $33,980 Avg Close $40.18 Range $35.38 - $45.17

Q2 2015

Shares 387,589 Value ($000) $16,434 Avg Close $43.31 Range $41.30 - $45.82

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2017	255,964	$23,247	$80.14	$71.01 - $91.12
Q2 2017	534,022	$41,873	$76.53	$68.77 - $83.00
Q1 2017	866,372	$62,041	$62.10	$56.52 - $72.16
Q4 2016	864,334	$50,520	$51.14	$39.68 - $61.80
Q3 2016	917,561	$37,060	$41.57	$38.81 - $44.98
Q2 2016	935,537	$37,347	$42.19	$37.94 - $45.02
Q1 2016	1,010,916	$43,207	$38.54	$31.12 - $43.37
Q4 2015	890,852	$35,741	$39.37	$36.18 - $42.81
Q3 2015	894,442	$33,980	$40.18	$35.38 - $45.17
Q2 2015	387,589	$16,434	$43.31	$41.30 - $45.82